Niko Sees Drop in D1/D3 Reserves Offshore India

Niko Resources Ltd. expects a drop in reserves for its D1/D3 fields within the D6 oil and natural-gas block off the coast of India, the company said in a statement on its website.

“Production performance indicates the need for a revision to the current geological model,” the company said.

 However, the compnay expects additional reserves from the R complex and satellite fields in D6.